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Energy

LPG marketers warn FG of dire consequences, as commodity reaches N2000/kg

Cooking gas retailers in the country, under the aegis of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), have warned the federal government of severe consequences of the continued rise in prices of the commodity. According to the group, in…

Posted on VN

Green energy offers Nigeria inclusive opportunity for power supply boost __Study

Ziggy Ojiegbe Policy leaders in Nigeria and across Africa are facing mounting pressure to accelerate the adoption of decentralized renewable energy systems as worsening electricity shortages continue to weaken economic productivity, deepen poverty and constrain industrial growth. Industry experts and…

NLNG Train 7 deepens Nigeria’s industrial capacity, expands local technical expertise

Ziggy Ojiegbe The ongoing Train 7 expansion project of Nigeria LNG Limited is emerging as one of Nigeria’s most significant industrial capacity-building platforms, helping to deepen local technical expertise, expand domestic manufacturing capability and raise quality standards across the country’s…

Crude oil market continues climb, amid Strait of Hormuz uncertainties

Global crude oil market remained volatile, Friday, amid uncertainties by investors over the inability of United States and Iran to reach a peace agreement that would allow shipping traffic ‌to return to normal in the Strait of Hormuz. Brent crude futures…

Posted on VN

Nigeria’s crude oil production rises by 7.6%, as global carbon pricing revenue tops $107bn

Nigeria’s crude oil production increased by 7.66 percent in April 2026, representing a rise from 1.383 million barrels per day (bpd) recorded in March to 1.489 million bpd in April 2026, according to the Organisation of the Petroleum Exporting Countries…

Posted on VN
Business Economy Energy Innovation

UNIPORT, UNIBEN teams advance to boot camp in NCDMB Engineering Olympiad

Frank Okon University of Port Harcourt and University of Benin have emerged winners of the South-South regional stage of the Nigerian Engineering Olympiad (NEO), securing spots in the national boot camp phase of the competition. The contest which held at…

Business Crime Energy

NUPRC warns of fake social media accounts impersonating CEO

Ziggy Ojiegbe The Nigerian Upstream Petroleum Regulatory Commission has alerted the public to the activities of fraudsters impersonating the Commission Chief Executive, Oritsemeyiwa Eyesan, across multiple social media platforms. In a disclaimer issued by the Commission, NUPRC said it had…

Domestic carriers hike fares, despite slash in JET-A1 pump price by local refinery

Domestic airlines operators have hiked the price of flight tickets across all local routes. The increase comes barely one day after a local refinery had slashed the pump price of the JET A1 ( aviation fuel), as well as other…

Lagos moves to scrap electricity band model, plans uninterrupted power supply

Lagos Government has announced plans to scrap the electricity customer band system introduced by the Nigerian Electricity Regulatory Commission (NERC). This it added is in line with efforts to achieve more stable power supply across the state. Under the framework introduced…

NCDMB pledges deeper Nigerian Content implementation across oil, gas value chain

Ziggy Ojiegbe The Nigeria Content Development and Monitoring Board has pledged to deepen Nigerian Content implementation across the upstream, midstream, and downstream sectors of the oil and gas industry as part of efforts to drive sustainable economic growth, industrial expansion,…